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Nissan plans to cut 9,000 jobs. Japanese car company Nissan announced in November that it would cut 9,000 jobs and reduce manufacturing output amid poor performance in the critical Chinese and US ...
Auto worker wipeout: Why car companies are cutting thousands of jobs. Benjamin Zhang. ... The company's Model e EV division lost nearly $3.7 billion during the first nine months of this year ...
After a dramatic spike in layoffs in 2022 and 2023, a handful of tech companies are trimming staff once again.. Meta cut roughly 5% of its staff this week, letting go of more than 3,000 employees ...
The latest cull came in early October with 500 jobs eliminated. In August, it cut 780 jobs and closed retail stores, and in February, the company laid off 2,800 employees, including 20% of its ...
Just this week, Paramount, which owns CBS, cut 800 jobs — just two days after its Super Bowl coverage broke viewership records. Experts say companies point to cost-cutting as the main driver for ...
U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive. In an email to staff on Thursday that has been seen by The Associated ...
According to the company's earnings report, throughout the second quarter (a three month period ending on Sept. 30, 2024) alone, net revenue was 2.99 billion yen ($19,582,672), a decrease of 159.9 ...
Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of its 5,400 global workforce amid a downturn in sales for spirits.